The Panamax Post

British oil group BP, which has lagged rivals in recent years, won a boost to its share price Tuesday on rumours of a possible mega takeover by rival Shell.

A joint venture, including Shell, Reliance Industries Ltd, and ONGC, has successfully completed India's first offshore decommissioning project. 

UK supermajor Shell and its advisers have been considering a potential takeover of rival energy major BP, which could set up one of the largest deals in the history of the oil and gas industry. 

Shell's attempt to sell Sprng Energy faces challenges due to valuation disagreements. Discussions with Sekura Energy and ONGC stalled. Investors offered less than expected for Sprng Energy's assets.

Offshore engineering and services player Subsea 7 has won a contract for work on Shell’s Sparta deepwater development in the US Gulf of Mexico.

Former Head of Shipping and Maritime for Asia, Pacific, and the Middle East for Shell Nick Potter has taken up the role of CEO at tanker owner AET.

Shell Plc said it delivered record volumes of liquefied natural gas to power ships last year, boosting the use of a fuel that’s become crucial to the energy transition.

UK-based energy supermajor Shell has awarded a new contract to one of Noble Corporation’s drillships. 

Global LNG Demand: Industry forecasts LNG demand to reach between 630 million and 718 million metric tons a year by 2040.

Consulting and engineering firm Wood has been awarded a contract extension by energy supermajor Shell for work on onshore and offshore assets across the UK. 

The future of offshore wind development in New Jersey has hit another roadblock, with Shell PLC withdrawing as an equity partner from the Atlantic Shores project.

Offshore drilling giant Noble Corporation has won a new contract for one of its semisubmersible rigs in the Americas. 

The New Jersey Board of Public Utilities (BPU) has canceled its fourth offshore wind solicitation amid significant market challenges and Shell’s withdrawal from the Atlantic Shores project. 

Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump seeks to stymie the industry’s development with executive orders.

Shell has confirmed the discovery of an unexploded bomb next to a 40-year-old gas line running across the North Sea. 

After three years and nine exploration wells, Shell has decided to write down the value of its lease area in Namibia's Orange Basin by $400 million.

Shell has brought its Whale offshore production facility in the U.S. Gulf of Mexico online, the supermajor announced Thursday. 

Sarens has taken on a pivotal role in the Shell Polaris Carbon Capture and Storage (CCS) project at Scotford, marking a significant milestone in sustainable infrastructure development. 

Italian offshore engineering and construction giant Saipem has been awarded a new offshore contract by Shell’s Nigerian arm for the Bonga North project.

An oil spill has occurred at the Shell loading terminal in Nigeria’s Delta region after a pipeline ruptured, Nigeria’s maritime agency said on Sunday.

The UK’s Royal National Lifeboat Institution (RNLI) is the beneficiary as activist environmental group Greenpeace and oil major Shell agreed to settle a multi-million-dollar lawsuit brought after protestors boarded and occupied an FPSO while it was being transported in Europe.

Two energy majors have set up a 50:50 joint venture to combine their offshore oil and gas assets as production in the North Sea embarks on a long decline.

Noble Corporation has secured a two-well extension from UK supermajor Shell for the semisub Ocean Endeavor in the UK North Sea. 

Profit after taxation fell to $4.3 billion in the three months to September, after a net profit of $7 billion in the same period in 2023, Shell said in a statement.